Benchmarking Trends—Directors and Officers Liability Coverage for Public Companies
Published: 23-Apr- 2012 | Comments: 0
Rates for U.S. public company directors and officers (D&O) liability insurance programs have firmed in the first quarter of 2012, as compared to 2011. The primary limit rate (price per $1 million of limit) increased an average of 1.47 percent in Q1 2012; the median is flat. In comparison, 2011 rates for primary limits decreased on average 4.26 percent, with a median decrease of 3.83 percent. Primary D&O carriers are putting upward pressure on rates; as a result, many insureds are receiving smaller decreases and, in some cases, modest increases in their primary program at renewal.
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